Profitable Oakland Nail Salon And Spa

Oakland, CA (Alameda County)

Profitable Oakland Nail Salon And Spa
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Asking Price: $125,000

Cash Flow: $100,000

Gross Revenue: $200,000

EBITDA: N/A

FF&E: N/A

Inventory: $1,500

Rent: $2,600 /Month

Established: 2013

Profitable Oakland Nail Salon And Spa

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Business Description

Profitable Oakland Nail Salon And Spa

Great location on the busy Grand Avenue in Oakland. Located on a busy town center section of Grand. Close to cafes, restaurants, shopping, theaters, and more. 1000 square feet, 6 stations, 6 spa chairs, service room, plenty of storage, back door to out side court area, private bathroom, ample waiting and reception area, low utilities and a great lease and lease terms. There are only 8 nail salons in a 32 block area that all offer different services. Great loyal customer list and current owner has created a friendly and pleasant atmosphere with great service and results. Good gross and net profits. 90% cash business. This is turn key and ready to have a new owner start making money now so don't miss this opportunity!

Detailed Information

Location:
Oakland, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
12/31/2024
Employees:
5
Facilities:
1000 square feet Mid block location Ample street parking Surrounding businesses-restaurants, cafes, shopping Expenses-$2.60 per square foot plus utilities averaging $400.00 per month Good gross and net profits All FF and E's in great condition
Competition:
Location is prime Area unsaturated with like businesses
Growth & Expansion:
Services could be expanded Heightened advertising Special functions could be held
Financing:
Buyer needs good financials
Support & Training:
Training offered on request
Reason for Selling:
Personal
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Cheryl Maloney

Business Listed By:
Cheryl Maloney

Vanguard Properties

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